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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: ayn rand who wrote (10831)10/1/2010 9:55:32 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219181
 
“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this:

It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!”


Very wise advice...

GZ



To: ayn rand who wrote (10831)10/1/2010 2:28:03 PM
From: Chip McVickar  Respond to of 219181
 
ayn

charts and conventional trading stoichiometry no longer apply in todays current PM market.

en.wikipedia.org

There is a certain truth to this statement.

However, in dealing with ratios and means... within the Fibronacci number series we are not looking for linear solutions to what you referance.

There are 3 types of Means arthmetic - geometric - harmonic

GZ and I are involved with Geometric mean... and I've been studing and applying the Harmonic mean in conjunction with the geometric.

All of these are connected with Golden Ratio Proportions.

Most beautifully found in the Nautilus Shell...

These applications like Andrews Pitchforks (also Fib related) are in tools my hands and my eyes understand and they work for me...

I hope others find them interesting

Chip